[caption id="attachment_38885" align="alignright" width="347"] Pakistani Currency[/caption]
Discrepancies worth billions of rupees have surfaced in the accounts of the State Bank of Pakistan (SBP), suggesting a deliberate attempt to understate the budget deficit for the previous fiscal year....

[caption id="attachment_33825" align="alignright" width="287"] State Bank of Pakistan[/caption]
The State Bank of Pakistan said on Tuesday that it has beefed up security at its offices in Karachi including the head offce. “In view of ...

The State Bank of Pakistan on Friday cut its key interest by 50 basis points to 9 percent effective from Monday, media news reports. The decision was announced following a meeting of the Central Board of Directors of the central bank.
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The State Bank of Pakistan (SBP) on Friday directed commercial banks to pay minimum profit rate of 6.0% per annum on all rupee saving deposits on average monthly balances with effect from April 01, 2013.
This rate of profit ...

Pakistan's economy witnessed a modest improvement in the fiscal year 2011-12 (FY12), as real GDP grew by 3.7 percent during the year under review compared with 3.0 percent in FY11, the annual report issued by the central bank said Wednesday.
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In a sudden move, the central bank has issued fresh instructions to financial institutions to maintain strict vigilance over non-governmental organisations (NGOs) and charities – and ordered that a complete review of all such organisations’ accounts be undertaken and completed before the end of this financial year....